DP10184 Agglomeration theory with heterogeneous agents
|Author(s):||Kristian Behrens, Frédéric Robert-Nicoud|
|Publication Date:||October 2014|
|Keyword(s):||agglomeration, city-size distribution, heterogeneous agents, inequality, selection, sorting|
|Programme Areas:||International Trade and Regional Economics|
|Link to this Page:||cepr.org/active/publications/discussion_papers/dp.php?dpno=10184|
This chapter surveys recent developments in agglomeration theory within a unifying framework. We highlight how locational fundamentals, agglomeration economies, the spatial sorting of heterogeneous agents, and selection effects affect the size, productivity, composition, and inequality of cities, as well as their size distribution in the urban system.